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ORD 1460 08/27/2024ORDINANCE NO. 1460 AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF CIBOLO, GUADALUPE COUNTY, TEXAS, PROVIDING FOR THE THIRD AMENDMENT OF THE BUDGET FOR THE FISCAL YEAR 2023-2024, BEGINNING OCTOBER 1, 2023, AND ENDING SEPTEMBER 30, 2024; PROVIDING THAT THIS ORDINANCE IS CUMULATIVE OF ALL OTHER ORDINANCES OF THE CITY OF CIBOLO; PROVIDING FOR SEVERABILITY; PROVIDING SAVINGS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Cibolo, Guadalupe County, Texas, passed and approved Ordinance Number 1407 on September 12, 2023, and thereby adopted the Fiscal Year 2023-2024 Annual Budget; and WHEREAS, the City Council of the municipality of Cibolo, Guadalupe County, Texas, may amend the budget from time to time; WHEREAS, it is necessary, at this time, to make the third amendment to the Fiscal Year 2023- 2024 Annual Budget to increase revenues and expenditures accordingly for the fiscal year. NOW THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CIBOLO, TEXAS: SECTION 1. INCORPORATION That the above and foregoing premises are true and correct and are incorporated herein and made part hereof for all purposes. SECTION 2. ADOPTION That the approved and adopted budget for Fiscal Year 2023-2024, is hereby amended as specified in Exhibit A attached hereto. SECTION 3. CUMULATIVE CLAUSE That this ordinance shall be cumulative of all provisions of the City of Cibolo, Texas, except where the provisions of this Ordinance are in direct conflict with the provisions of such Ordinances, in which event the more restrictive provision shall apply. SECTION 4. SEVERABILITY That it is hereby declared to be the intention of the City Council of the City of Cibolo that the phrases, clauses, sentences, paragraphs, and sections of this Ordinance are severable, and if any phrase, clause, sentence, paragraph or section of this Ordinance should be declared unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs or sections of this Ordinance, since the same would have been enacted by the City Council without incorporation in this Ordinance of any such unconstitutional phrase, clause, sentence, paragraph or section. SECTION 5. SAVINGS That all rights and privileges of the City of Cibolo are expressly saved as to any and all violations of the provisions of any Ordinances affecting the annual budget for Fiscal Year 2023-2024, which have accrued at the time of the effective date of this Ordinance; and, as to such accrued violations and all pending litigation, both civil and criminal, whether pending in court or not, under such Ordinances, same shall not be affected by this Ordinance but may be prosecuted until final disposition by the courts. SECTION 6. EFFECTIVE DATE That this Ordinance shall be effective immediately upon the passage and approval of the City Council of the City of Cibolo, Texas, and it is so ordained. PASSED AND APPROVED by a vote of 6 for to _� against this,27th day of August, 2024. ATTEST: Peggy Cimics, City Secretary APPROVED: SPECIAL EVENTS FUND ESTIMATED BEGINNING FUND BALANCE REVENUES: CIBOLOFEST DOWNTOWN MARKET SUBTOTAL REVENUES EXPENDITURES: CIBOLOFEST DOWNTOWN MARKET CIBOLO SUMMER NIGHTS PARKEVENTS SUBTOTAL EXPENDITURES ESTIMATED ENDING FUND BALANCE EXHIBIT A FY 24 CURRENT BUDGET (9,816) FY 24 BUDGET BUDGETAFTER AMENDMENT#3 AMENDMENT (9,816) 85,000 12,006 A 97,006 12,500 (6,500) B 6,000 97,500 5,506 103,006 86,600 9,854 A 96,454 10,000 (4,000) B 6,000 96,600 5,854 102,454 (8,916) (348) (9,264) A Amend Cibolofest to reflect actual revenue and expense B Amend budget in Downtown Market to reflect actual revenue and expense Page 1 of 2 PEG FUND ESTIMATED BEGINNING FUND BALANCE REVENUES: FRANCHISE FEE REVENUE INTEREST SUBTOTAL REVENUES EXPENDITURES: SALARIES AND BENEFITS SERVICES, UTILITIES AND TRAINING CAPITAL OUTLAY CONSTRUCTION SUBTOTAL EXPENDITURES ESTIMATED ENDING FUND BALANCE D City fiber project -change order with GVEC EXHIBITA FY 24 CURRENT BUDGET 420,558 30,000 30,000 BUDGET AMENDMENTN3 351,114 95,500 D 351,114 99,444 Page 2 of 2 95,500 (95,500) FY 24 BU DG ET AFTER AMENDMENT 420,558 446,614 446,614 3,944